Expensify Total Assets vs Capital Lease Obligations Analysis

EXFY Stock  USD 3.27  0.13  3.82%   
Expensify financial indicator trend analysis is much more than just examining Expensify latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expensify is a good investment. Please check the relationship between Expensify Total Assets and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expensify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Expensify Stock please use our How to Invest in Expensify guide.

Total Assets vs Capital Lease Obligations

Total Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expensify Total Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Expensify's Total Assets and Capital Lease Obligations is -0.53. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Expensify, assuming nothing else is changed. The correlation between historical values of Expensify's Total Assets and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Expensify are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Assets i.e., Expensify's Total Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Expensify assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Expensify books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Capital Lease Obligations

Expensify capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Expensify asset purchases. For example, Expensify can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Expensify control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Expensify's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expensify current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Expensify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Expensify Stock please use our How to Invest in Expensify guide.Tax Provision is likely to drop to about 2.8 M in 2024. Selling General Administrative is likely to drop to about 47.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense3.5M5.4M5.3M4.3M
Depreciation And Amortization5.2M6.1M5.2M4.8M

Expensify fundamental ratios Correlations

0.460.470.890.970.96-0.280.91-0.99-0.79-0.640.950.340.5-0.880.950.950.940.38-0.8-0.530.970.880.79-0.771.0
0.46-0.180.030.290.24-0.810.5-0.490.140.050.69-0.64-0.47-0.40.230.690.48-0.210.11-0.950.290.07-0.080.150.49
0.47-0.180.720.470.49-0.140.17-0.36-0.58-0.490.250.470.43-0.080.560.250.20.2-0.50.030.480.790.61-0.410.42
0.890.030.720.920.930.020.74-0.85-0.93-0.710.710.680.74-0.720.960.710.780.46-0.91-0.130.930.980.9-0.890.87
0.970.290.470.921.0-0.080.89-0.97-0.9-0.670.890.480.68-0.890.950.890.930.56-0.91-0.390.950.880.87-0.880.96
0.960.240.490.931.0-0.040.87-0.96-0.92-0.690.870.510.72-0.880.940.870.920.59-0.93-0.350.950.890.89-0.90.95
-0.28-0.81-0.140.02-0.08-0.04-0.10.25-0.240.12-0.430.690.610.09-0.06-0.43-0.110.44-0.310.85-0.13-0.110.08-0.39-0.28
0.910.50.170.740.890.87-0.1-0.93-0.65-0.330.910.320.43-0.880.890.910.990.34-0.73-0.460.880.670.57-0.740.93
-0.99-0.49-0.36-0.85-0.97-0.960.25-0.930.780.62-0.97-0.31-0.50.92-0.93-0.97-0.97-0.410.80.55-0.95-0.82-0.770.77-1.0
-0.790.14-0.58-0.93-0.9-0.92-0.24-0.650.780.79-0.61-0.74-0.910.74-0.84-0.61-0.72-0.690.980.01-0.84-0.88-0.970.96-0.77
-0.640.05-0.49-0.71-0.67-0.690.12-0.330.620.79-0.5-0.41-0.590.65-0.59-0.5-0.45-0.370.660.18-0.68-0.74-0.890.63-0.61
0.950.690.250.710.890.87-0.430.91-0.97-0.61-0.50.070.3-0.880.831.00.940.31-0.64-0.730.870.70.63-0.60.96
0.34-0.640.470.680.480.510.690.32-0.31-0.74-0.410.070.85-0.330.580.070.340.42-0.750.620.520.610.61-0.80.32
0.5-0.470.430.740.680.720.610.43-0.5-0.91-0.590.30.85-0.520.610.30.490.81-0.920.330.580.640.83-0.910.47
-0.88-0.4-0.08-0.72-0.89-0.880.09-0.880.920.740.65-0.88-0.33-0.52-0.82-0.88-0.93-0.380.750.44-0.89-0.67-0.720.78-0.9
0.950.230.560.960.950.94-0.060.89-0.93-0.84-0.590.830.580.61-0.820.830.90.35-0.86-0.260.980.930.79-0.860.95
0.950.690.250.710.890.87-0.430.91-0.97-0.61-0.51.00.070.3-0.880.830.940.31-0.64-0.730.870.70.63-0.60.96
0.940.480.20.780.930.92-0.110.99-0.97-0.72-0.450.940.340.49-0.930.90.940.41-0.78-0.480.910.720.66-0.780.96
0.38-0.210.20.460.560.590.440.34-0.41-0.69-0.370.310.420.81-0.380.350.310.41-0.740.030.310.350.66-0.660.35
-0.80.11-0.5-0.91-0.91-0.93-0.31-0.730.80.980.66-0.64-0.75-0.920.75-0.86-0.64-0.78-0.740.01-0.83-0.83-0.920.98-0.78
-0.53-0.950.03-0.13-0.39-0.350.85-0.460.550.010.18-0.730.620.330.44-0.26-0.73-0.480.030.01-0.34-0.19-0.13-0.08-0.54
0.970.290.480.930.950.95-0.130.88-0.95-0.84-0.680.870.520.58-0.890.980.870.910.31-0.83-0.340.910.81-0.840.97
0.880.070.790.980.880.89-0.110.67-0.82-0.88-0.740.70.610.64-0.670.930.70.720.35-0.83-0.190.910.88-0.80.85
0.79-0.080.610.90.870.890.080.57-0.77-0.97-0.890.630.610.83-0.720.790.630.660.66-0.92-0.130.810.88-0.870.76
-0.770.15-0.41-0.89-0.88-0.9-0.39-0.740.770.960.63-0.6-0.8-0.910.78-0.86-0.6-0.78-0.660.98-0.08-0.84-0.8-0.87-0.76
1.00.490.420.870.960.95-0.280.93-1.0-0.77-0.610.960.320.47-0.90.950.960.960.35-0.78-0.540.970.850.76-0.76
Click cells to compare fundamentals

Expensify Account Relationship Matchups

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Additional Tools for Expensify Stock Analysis

When running Expensify's price analysis, check to measure Expensify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Expensify is operating at the current time. Most of Expensify's value examination focuses on studying past and present price action to predict the probability of Expensify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expensify's price. Additionally, you may evaluate how the addition of Expensify to your portfolios can decrease your overall portfolio volatility.